What Are Excess Charges On My Medicare Supplemental Insurance?

What Are Excess Charges On My Medicare Supplemental Insurance?

When you get Medicare supplement insurance you would immediately think that you are completely covered and that there will be no extra charges when you use your insurance. That, however, is never the case. While Medicare supplement insurance is a vital part of having any successful Medicare coverage, there are still out of pocket expenses that can come up. Medicare does not cover everything and only covers your hospital visits and/or hospice care up to a certain amount. After that, you are on your own.

What Are Excess Charges On My Medicare Supplemental Insurance?

The great thing about Medicare supplement insurance is the fact that you have far fewer out of pocket expenses than you would have without the supplement insurance. That is because it increases your Medicare insurance limits a great deal. However, the downside is that you still do have extra charges that can add up on your Medicare supplement insurance bill.

What Are Excess Charges On My Medicare Supplemental Insurance?

When you stay at a hospital for a few days and use certain facilities there for your care, you are sent a charge by the hospital. Typically, most of that charge is covered by Medicare A and/or B and then my Medicare supplement. However, if there are still more charges then you have to pay the rest yourselves. That is how Medicare works and unfortunately that is not going to change anytime soon.

What Are Excess Charges On My Medicare Supplemental Insurance?

There are solutions, however, for people that have such predicaments. If you want protection against any additional charges it is best to get private supplemental insurance. This way, you will get a cash payment whenever you end up in the hospital or something else happens and you will be able to use this money to pay your hospital bills. However, if you do not mind paying just a bit extra, then Medicare supplement should be more than enough to add on top of your existing Medicare coverage!